Tunisian startup Dabchy, an e-commerce marketplace for second-hand fashion, has raised an undisclosed pre-Series A round of funding to help it further develop its product and expand into new markets.
Founded in 2016 by Ameni Mansouri, Ghazi Ketata, and Oussama Mahjoub, Dabchy connects buyers and sellers through an integrated delivery and payment system, making second-hand fashion more accessible.
The startup expanded into Egypt in 2023, and is now planning further expansion after raising pre-Series A funding. The round was led by Janngo Capital, and also featured Renew Capital and angel investors such as InstaDeep founder Karim Beguir.
Dabchy will use the investment to expand into new markets, broaden its product offerings, and enhance its platform for a growing user base.
“Dabchy was created to make fashion more accessible while encouraging sustainable practices,” said Mansouri, co-founder and CEO of Dabchy, said. “Our platform gives individuals the opportunity to extend the life of their clothes, save money and join a community that values fashion and sustainability.”
Karim Ben Fadhel, investment ecosystem development manager at Renew Capital, said Dabchy was driving a much-needed change in the fashion industry by promoting circular fashion and empowering individuals to monetise their wardrobes.
“Their community-focused platform makes sustainable fashion more accessible and affordable while contributing to a more conscious and connected future,” he said.
